The Law Offices of Frank R. Cruz continues its investigation of Celanese Corporation ("Celanese" or the "Company") (NYSE: CE) on behalf of investors concerning the Company's possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON CELANESE CORPORATION (CE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On November 4, 2024, after market hours, Celanese reported its third quarter 2024 earnings, missing consensus estimates due in part to "rapid and acute [demand] downturns in Western Hemisphere automotive and industrial segments." The Company further disclosed that it would be "temporarily idling production facilities in every region."
On this news, Celanese's stock price fell $32.50, or 26.3%, to close at $91.00 per share on November 5, 2024, thereby injuring investors.
Then, on August 11, 2025, Celanese released its second quarter fiscal 2025 financial results, disclosing "[m]ost end-markets continued to be challenged" and that it "anticipates slowing demand will partially offset the benefits from the cost reduction actions that are expected to be realized in the third quarter. Additionally, Celanese anticipates an approximate $25 million negative sequential impact to earnings due to ongoing inventory reduction efforts." The Company also disclosed it had "implemented multiple new actions" to deleverage the balance sheet.
On this news, Celanese's stock price fell $6.20, or 13.1%, to close $41.22 per share on August 12, 2025, thereby injuring investors further.
Contact Us To Participate or Learn More:
If you purchased Celanese securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250814910345/en/
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
